European construction output lags behind early spring 2010

Wednesday, 18 May 2011 15:31:00 (GMT+3)   |  
According to a report released by Eurostat, the Statistical Office of the European Communities, in March this year the seasonally-adjusted production of the construction sector in the European Union member states (EU-27) rose by 1.9 percent as compared to February and was down 2.7 percent compared to March 2010. In February, the production figure had increased by 1.4 percent compared to the previous month, according to the newly revised data.
 
In the EU, building construction in March rose by one percent month on month and was down by four percent compared to March 2010, while civil engineering increased by 2.1 percent over February and was up 3.9 percent year on year.
 
As compared to February, construction output in March increased in the UK by 15.8 percent, in Germany by 6.2 percent and in Slovakia by 5.5 percent, while month-on-month decreases of 7.4 percent, 5.1 percent and 3.1 percent respectively were registered in Slovenia, Portugal and Bulgaria.

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